According to @simplykashif, Binance Perpetual Futures volume reached $25T in 2025, up from $21.2T in 2024 and 2.2x the closest competitor, driven by active daily traders on the platform; source: X post by @simplykashif on Dec 23, 2025 https://twitter.com/simplykashif/status/2003394371354501139. This equals roughly 17.9% year-over-year growth and implies the nearest rival processed about $11.4T in 2025, calculated from the figures reported; source: X post by @simplykashif on Dec 23, 2025 https://twitter.com/simplykashif/status/2003394371354501139.

According to Skew Δ on Twitter, Bitcoin ($BTC) demonstrated strong follow-through in price action today, underpinned by significant spot buying activity. Passive bids on Coinbase are pushing prices higher as buyers chase upward momentum, while taker bids on Binance spot are leading with aggressive market buying. Notably, algorithmic trading based on the monthly open in Binance perpetual futures has contributed to the move, with over 6,000 BTC in open interest added during this upward push. These factors suggest sustained bullish momentum and increased trading activity, signaling potential for further short-term price volatility (source: Skew Δ, Twitter, May 1, 2025).